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Quantitative Risk Manager Jobs in Ontario (NOW HIRING)

Bird Construction

Risk Manager

Mississauga, ON · On-site

Carry out qualitative and quantitative risk assessments * Identify and implement appropriate mitigation actions. * Monitor and report on risk management activities, performance, and results * Develop ...

Bird Construction

Risk Manager

Milton, ON

Carry out qualitative and quantitative risk assessments * Identify and implement appropriate mitigation actions. * Monitor and report on risk management activities, performance, and results * Develop ...

Aecon Group Inc.

Risk Manager

Cambridge, ON · Hybrid

Develop a project-specific Risk Management Plan for incorporation into the Project Controls Plan ... Establish quantitative risk analysis (QRA) cadence; oversee QRA and articulate the results ...

Gardiner & Theobald

Experience in PMO within risk and control or project management with demonstrable experience in managing risk registers, facilitating risk workshops, supporting qualitative and quantitative risk ...

New

Hatch

Principal Risk Manager

Mississauga, ON

Expert knowledge of quantitative models of cost and schedule, including quantitative risk analysis tools (i.e. @Risk, Safran), modern risk management systems/software. (i.e. Predict!, CURA, ARM, etc)

Hatch

Principal Risk Manager

Mississauga, ON · On-site

Expert knowledge of quantitative models of cost and schedule, including quantitative risk analysis tools (i.e. @Risk, Safran), modern risk management systems/software. (i.e. Predict!, CURA, ARM, etc)

Ci

Quantitative Investment & Risk Analyst

Toronto, ON · On-site

This role sits at the intersection of investment analytics, quantitative/risk methodologies, and ... Partner with Portfolio Managers and investment stakeholders to translate analytical questions into ...

Mace

Risk Manager

Toronto, ON · On-site

Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time ... Provides line management to team and other Project/Programme members. * Utilises expertise to ...

New

Mace

Risk Manager

Toronto, ON

Leads and directs the delivery of Quantitative Risk Analysis (cost and time). * Advises on the ... Provides line management to more junior risk managers and other Project/Programme staff as required.

New

Trillium Rail Partners

Risk Analyst

Mississauga, ON · On-site

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Trillium Rail Partners

Risk Analyst

Mississauga, ON

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Mace

Risk Analyst

Toronto, ON

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

New

Mace

Risk Analyst

Toronto, ON

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

New

Royal Bank of Canada

ALM Risk Manager

Toronto, ON · On-site

The Manager will support senior management in the development, implementation, and communication of ... Degree in a financial or quantitative discipline. * Prior experience in a market risk or ALM ...

MUFG

Model Risk Management Analyst, AVP

Toronto, ON · On-site

The AVP, Model Validation Quantitative Analyst within the Quantitative Risk Control (QRC) supports ... Responsibilities: Model Risk Management: * Developing, maintaining, and implementing the Bank ...

New

CIBC

Trading Market Risk Manager - Fixed Income

Toronto, ON · Hybrid

CA$115K - CA$130K/yr

Risk Management Frameworks - Ensure appropriate risk frameworks are in place to control market risk ... You have a quantitative background. Undergraduate degree in a quantitative discipline preferred.

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All JobsQuantitative Risk Manager JobsQuantitative Risk Manager Jobs in Ontario

Quantitative Risk Manager information

See Ontario salary details

$32K

$131.9K

$219K

How much do quantitative risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for quantitative risk manager in Ontario is $131,920.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,000.00 and $163,500.00 per year, depending on experience, location, and employer.

How does a Quantitative Risk Manager typically collaborate with other departments within a financial institution?

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

What are the key skills and qualifications needed to thrive as a Quantitative Risk Manager, and why are they important?

To thrive as a Quantitative Risk Manager, you need strong analytical abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

What is a Quantitative Risk Manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

What is the difference between Quantitative Risk Manager vs Quantitative Analyst?

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

What are popular job titles related to Quantitative Risk Manager jobs in Ontario? For Quantitative Risk Manager jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Ontario look for? The top searched job categories for Quantitative Risk Manager jobs in Ontario are:
What cities in Ontario are hiring for Quantitative Risk Manager jobs? Cities in Ontario with the most Quantitative Risk Manager job openings:
Quantitative Risk Manager jobs near you
Infographic showing various Quantitative Risk Manager job openings in Ontario as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $131,920 per year, or $63.4 per hour.

Risk Manager

Bird Construction

Mississauga, ON • On-site

Full-time

Posted 14 days ago

Job description

Risk ManagerThe Risk Manager will play a critical role in overseeing and implementing the project's risk management framework for a large-scale hospital redevelopment initiative. This position is responsible for identifying, assessing, and mitigating risks that could impact project cost, schedule, and delivery outcomes. Working closely with the Project Team and key stakeholders, the Risk Manager will lead quantitative risk analyses, maintain accurate risk registers, and ensure proactive risk strategies are embedded throughout the project lifecycle.What You Will Be Working On
  • Own and manage the Project's risk registers.
  • Work closely with the Project Team to:
  • Promote joint risk identification and evaluation.
  • Carry out qualitative and quantitative risk assessments
  • Identify and implement appropriate mitigation actions.
  • Monitor and report on risk management activities, performance, and results
  • Develop and submit risk-related reports, i.e., QRA Contingency Report, Project Risk Summary Report, etc.
  • Lead the development of Quantitative Cost Risk Analysis (QCRA) and Quantitative Schedule Risk Analysis (QSRA) assessments to inform target price development.
  • Manage and optimize risk management software tools (i.e., Safran Risk) to ensure accurate tracking and reporting.
What We Are Looking For
  • Proven experience in risk management within large-scale development and construction projects.
  • Strong understanding of risk registers, QCRA/QSRA methodologies, and contingency planning.
  • Familiarity with project governance frameworks and reporting requirements.
  • Proficiency in risk management software and data analysis tools. i.e. Safran.
  • Excellent communication and collaboration skills to engage with multidisciplinary teams.
  • Professional certifications in risk management (e.g., CRM, PMI-RMP, ISO 31000) are an asset.
  • Experience in infrastructure or healthcare redevelopment projects is highly desirable.
For Those Who Seek to Redefine

The greatest achievements in history are borne from the greatness within people - where human potential meets vision, and passion fuels evolution. Unlocking this potential is the most important thing we do at Bird.

As a leader in Canadian construction for over 100 years, the impact of our team is etched deeply within the core of our legacy. Beyond Bird, this impact is felt in the fundamental aspects of our everyday lives. From the critical infrastructure we depend on, to the energy and resources that keep us moving - we are powering our communities and shaping Canada's skylines coast-to-coast-to-coast. Entrenched in the foundation of a culture built more than a century ago is an enduring quest to reimagine what is possible. Our impact is greater than ever, and we are looking for those who seek to redefine their story.

What We Believe InWe Put Safety First

A healthy and safe work environment is non-negotiable. We build a culture of operational and psychological safety through engagement, learning and leadership.

We Lead With Honesty

We speak and act with integrity, clarity and care so people can trust our word and our work. Being honest means we can deliver the best outcomes and consistent results.

We Are Stronger Together

Success is a team effort. Our inclusive workplace enables our combined expertise, humility and creativity to unlock our greater potential.

We Are Driven To Do Great Work

We built our name on quality. We have a passion for excellence in our work and relationships that honours our businesses and our industry.

We Create Opportunity

Rooted in a solid foundation, we adapt and grow to face the future. We are committed to elevating each other to chart the best path forward in an evolving world.

At Bird, we value Diversity, Equity, and Inclusion (DE&I) and believe it is essential to our success. We will continue to listen, learn, and take action in our commitment to building progress in our organization, and the industry as a whole. Cultivating an environment where all employees feel included, seen, and have a sense of belonging is core to Bird's culture. We commit to proactively employing a workforce that reflects the communities in which we work, fostering an environment of continuous learning, and never compromising on our values.

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